Why is Volkswagen suddenly planning one of the biggest job cuts in auto industry history?

Slowing demand, tariffs, and geopolitical uncertainty are cutting into the profits of Volkswagen’s most lucrative brands.

[Source photo: Volkswagen]

BY Anna-Louise Jackson

Volkswagen plans to slash 50,000 jobs in Germany by 2030 after reporting a sharp drop in annual operating profit for 2025.

Europe’s largest automaker is more aggressively cutting costs as increased competition in China and hefty tariffs imposed by the U.S. government are likely to make for a more challenging road ahead for vehicle sales. While the German........

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